Mar 11, 2012

Parliament Session 2012- Black Money and Lokpal

SYNOPSIS ON WHY THE BUDGET IS IMPORTANT AND ITS IMPLICATION    before we go any further lets see the strength in the Parliament


Congress               206      Outside Support 
Trinamol                 19       BSP  21
DMK                       18           SP 22
NCP                         09                 ---
Others                     15                 43
                               -----                  ---
                               267
                               -----
Total Support available for Non- Contentious Issue - 267 +43 = 310
In a Crisis Mode Congress needs just 272.


The economy slow down experienced today by our country apart from Global Slow down the other contributing factors are
  • Corruptions , Scandals, Lack of Honesty, Compulsions of Coalition Politics, Policy Paralysis resulting in huge fiscal deficit and huge Inflation. 
NEED OF THE HOUR
  • Need for Fiscal Consolidation if Inflation is to be contained.
  • Shun out and bite the bullet ignoring any Federal Issue's or Coalition compulsion and get going with reforms
  • Reforms on FDI in retail for Multi-Brand needed no Cabinet decision as is only an executive decision.
  • Reforms on Tax- GDP ratio and cutting down wasteful expenditure in Populous policies like MGNREGA , Food Security, NHRM (close to 7000 cr been swallowed by Politicians)
  • Invest on Agricultural reforms and Higher Education
  • Reforms on GST (though it needed to be debated between the Centre and the States)
  • Lokpal Bill
  • Black Money - Unearthing from all tax havens
21/05/2012 Fad End of the Session what did we get , Yeah a big "Nothing"
On the Black Money white Paper tabled which had little or nothing for the Progress of retrieving it from the Tax havens across the Globe!
  • It did not provide the Estimate or the Quantity of the Money stashed! 
  • It advocated for Strict punishment ? for the Offenders ! Is it a joke
  • Well as far as Lokpal they had recommended it to the Select Committee for further delibrations! Guess what thats called as "Cold Storage"
And what was the quality time spent? Well they had contributed heavily on the Cartoon Issue for one full Week! Is it not high time The highest Judicial office steps in and raps the Govt in wasting the Public Money and time!

Legacy of Sonia ?

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